Amid the turmoil surrounding Global Authentication Inc., which saw its Chapter 11 petition filing rejected by a U.S. Bankruptcy Court in California last month, the grading end of the company has been sold and a new company formed with headquarters in Bettendorf, Iowa. Global Authority Inc. (www.globalauth.com), with Demian Werner as CEO and veteran grading expert Mike Baker as director of grading and authentication, purchased assets of the card and pack-grading component of GAI, including the database and client list. Read full story here.
